# Cuts to US and global corn and soy inventory forecasts

> Agnavigator reports that USDA cut 2024/25 US corn ending stocks by 5 million metric tons to 39.1Mt, well beyond the expected 1.6Mt cut. Global corn ending stocks fell to 293.3Mt, a decade low, and corn and soybean futures rose sharply after the report.

- Date: 2025-01-13 · published 2025-01-13T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/26455-cuts-to-us-and-global-corn-and-soy-inventory-forecasts
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A decade-low global corn stocks figure and a larger-than-expected US stock cut tighten the feed grain balance, supporting corn and soybean prices.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-10-12 | [USDA Further Trims Its Forecasts for US Corn and Soybeans](https://feedsoft.ai/events/13238-usda-further-trims-its-forecasts-for-us-corn-and-soybeans.md) | -0.4% | -1.5% |
| CORN | 2024-10-17 | [USDA forecasts rise in corn and sorghum exports amid global shortages \| Feed & Grain](https://feedsoft.ai/events/27919-usda-forecasts-rise-in-corn-and-sorghum-exports-amid-global-shortages-feed-and.md) | +2.1% | +2.9% |
| CORN | 2020-09-11 | [USDA Lowers Corn and Soybean Forecasts \| AgWired](https://feedsoft.ai/events/50974-usda-lowers-corn-and-soybean-forecasts-agwired.md) | +4.5% | +5.3% |
| CORN | 2024-04-16 | [USDA revises corn and sorghum forecasts for 2023/24 \| Feed & Grain](https://feedsoft.ai/events/30811-usda-revises-corn-and-sorghum-forecasts-for-2023-24-feed-and-grain.md) | -0.3% | +3.3% |
| CORN | 2022-02-24 | [USDA cuts corn, raises soy and wheat acreage for 2022](https://feedsoft.ai/events/13389-usda-cuts-corn-raises-soy-and-wheat-acreage-for-2022.md) | +6.5% | +12.3% |
| SOY | 2023-10-12 | [USDA Further Trims Its Forecasts for US Corn and Soybeans](https://feedsoft.ai/events/13238-usda-further-trims-its-forecasts-for-us-corn-and-soybeans.md) | +4.7% | +7.7% |
| SOY | 2020-09-11 | [USDA Lowers Corn and Soybean Forecasts \| AgWired](https://feedsoft.ai/events/50974-usda-lowers-corn-and-soybean-forecasts-agwired.md) | +4.4% | +6.6% |
| SOY | 2022-02-09 | [USDA cuts global ending stocks for beans, wheat, cotton and corn - Pro Farmer](https://feedsoft.ai/events/42671-usda-cuts-global-ending-stocks-for-beans-wheat-cotton-and-corn-pro-farmer.md) | -1.1% | +7.5% |

## Sources

- agnavigator.com: https://www.agnavigator.com/Article/2025/01/13/cuts-to-us-and-global-corn-and-soy-inventory-forecasts/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.